Who said "Individual ambition is the engine of social progress."?

This quote is attributed to Joseph Schumpeter.

Individual ambition is the engine of social progress. - Joseph Schumpeter

"Individual ambition is the engine of social progress."

Joseph Schumpeter Success

Economist Historian Austrian-American 1883–1950

"The entrepreneur is the pivotal actor in the capitalist economy."

"Innovation is the outstanding fact in the economic history of capitalist societies."

"Capitalism is being killed by its achievements."

"The function of entrepreneurs is to reform or revolutionize the pattern of production."

"Success comes to those who never give up."

"Success is measured by happiness, not money."

"You make your own luck in this world."

"You have to be organized to be successful in anything."